Fidelity MSCI Real Estate Index ETF
FREL
23 hedge funds and large institutions have $64M invested in Fidelity MSCI Real Estate Index ETF in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
627% more capital invested
Capital invested by funds: $8.8M → $64M (+$55.2M)
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
32.24% more ownership
Funds ownership: 16.31% → 48.56% (+32%)
28% more funds holding
Funds holding: 18 → 23 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$48.3M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.94M |
| 3 |
Morgan Stanley
New York
|
+$1.26M |
| 4 |
PFA
Pure Financial Advisors
San Diego,
California
|
+$784K |
| 5 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.09M |
| 2 |
Jane Street
New York
|
-$236K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$28.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13K |
| 5 |
ADL
Asset Dedication LLC
San Francisco,
California
|
-$3.85K |
FREL Hedge Fund Activity: Q2 2016 in Review
23 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q2 2016, worth a combined $64M — up 627% from $8.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FREL positions and 2 closed out — a net gain of 5 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $48.3M. The largest seller was Commonwealth Equity Services, cutting an estimated $2.09M.
- 23 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q2 2016, up from 18 in Q1 2016.
- Funds reported $64M of Fidelity MSCI Real Estate Index ETF stock for Q2 2016, up 627% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q2 2016 and 2 closed out, a net change of +5 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q2 2016 was FormulaFolio Investments, an estimated $48.3M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q2 2016 was Commonwealth Equity Services, an estimated $2.09M sold.
Based on aggregated 13F filings for Q2 2016.